Here is Why Growth Investors Should Buy Nu (NU) Now

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying the right ones can be challenging due to associated risks and volatility [1] Group 1: Company Overview - Nu Holdings Ltd. (NU) is highlighted as a promising growth stock, possessing a favorable Growth Score and a top Zacks Rank [2] - The company has a historical EPS growth rate of 192%, with projected EPS growth of 25.2% this year, significantly outperforming the industry average of 8.8% [5] Group 2: Key Growth Factors - Earnings growth is crucial for attracting investor attention, with double-digit growth being particularly favorable [4] - Nu's asset utilization ratio is 0.24, indicating that the company generates $0.24 in sales for every dollar in assets, compared to the industry average of 0.05, showcasing superior efficiency [6] - Sales growth for Nu is projected at 29.8% this year, while the industry average is 0%, indicating strong sales performance [7] Group 3: Earnings Estimate Revisions - Positive trends in earnings estimate revisions are important, with Nu experiencing a 1.2% increase in current-year earnings estimates over the past month [8] - The overall earnings estimate revisions have positioned Nu as a Zacks Rank 2 stock, with a Growth Score of A based on various favorable metrics [9]